Fall of Ancient Rome

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Transcript of Fall of Ancient Rome

Rome Dominated 120 million citizens nearly 50% of entire population2.5 Million square milesExcessive government spending was a big problemRoman Forum cost hundreds of billions of dollars in today's moneyRoads, Aquaducts and other building projects expanded the money supplyCoins were based in Gold and SilverNero 54-68 A.D.Silver coin was made from 90% SilverTwo Centuries later under Claudius II 268-270 A.D. Coins were made from .2% SilverThis led to massive inflationhttp://www.usinflationcalculator.com/We Do Not Have Dodgeball!But we can watch thisRoman Military had to protect vast amount of land.Used Mercenaries. Hired soldiers not loyal to Rome but to themselves.Are there any similarities to the U.S.?History can teach us about the presentThe Military Costs money. Where does it come from?TaxesYou can tax the people only so muchuntil they start to revolt.

You can create more moneyBorrow the money and go into debthttp://www.usdebtclock.org/https://www.vetfriends.com/US-deployments-overseas/historical-military-troop-data.cfmAll of this taxing, spending and creating money has consequences.Use the websites to complete the worksheet.http://www.thepeoplehistory.com/70yearsofpricechange.htmlhttp://www.usdebtclock.org/The Fall of RomeEconomics Part 1http://data.bls.gov/cgi-bin/cpicalc.plCoins were based on Gold and SilverNero 54-68 A.D. Silver coin was made from 90% SilverTwo Centuries later Under Claudius II268-270 A.D. Coins were made from.2% SilverThis lead to ????Massive inflation